Global Political Economy — DU B.A. (Hons.) Economics Previous Year Question Papers

1. Critically analyse the transition from Fordism to Post-Fordism, focusing on changes in organizational forms and labour processes. (18) 2. Explain why the MNCs chose a path of capital deepening and continuous innovation and how their internal structure was conducive to this strategy. Discuss Stephen Hymer's analysis of the spatial structure of the MNCs and its link to "uneven development". (8+ 10) 3. "It makes labour a common substance not only for industrial workers in factories.. but also increasingly for all human lives in Asia" (D.Chang). Explain the statement. Discuss the different pathways to informalisation of labour in such a context. Discuss the main issues involved in "governance" and "location" of the Global Value chains. (18) Do you think that the. state plays a minimal role in a neoliberal system? Discuss the above ,analytically as well as referring to the experiences of neoliberal transitions. ( 18 ) Provide a systemic explanation for the global economic crisis in 2008 while establishing a link between the occurrence of this crisis and the nature of resolution of the previous major crisis. (18) Analyse, how "financialization" has resulted in a redistribution of in comes and wealth in favour of financial sector and particularly the upper fractions of capitalist and managerial classes. What are the ideological and policy changes both in the corporate sector as well as the Governments associated with this? (18) 8. Could we consider the WTO to be a new international organisation and not merely an extensi.on of the GATT? Discuss. Provide a brief account of some of the crucial controversies and obstacles to the progress of the WTO. (18) 9. Write short notes on any two of the following : (a) Challenges to labour regulations in the gig economy